Rise in demand from the current and emerging applications such as medical technology drives the market for microspheres. The improved efficacy, reduced toxicity, improved patient compliance and convenience of microspheres has led to increasing demand in drug delivery system. Increasing demand in other applications such as cosmetics & personal care, oil & gas, and life science is expected to boost the growth of microsphere market during the forecast period. Volatility in the raw material prices, lack of quality control check across developing countries, and requirements of huge investments in R&D are some of the threats for the microsphere market.

The report segments the microsphere market on the basis of raw material, type, application, and geography. On the basis of raw material, the market is segmented into glass, ceramic, fly ash, polymer and metallic. Based on the type, market is segmented into hollow and solid microspheres. Hollow microsphere segment is expected to register high growth rate during the forecast period. Because of its favorable properties such as low crush strength, density and absorption. On the basis of application, the market is segmented into construction composites, medical technology, cosmetics & personal care, automotive, oil & gas, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA. North America holds the largest share in terms of both value and volume in 2015 followed by Western Europe.

KEY BENEFITS FOR STAKEHOLDERS:

This report provides an extensive analysis of the current and emerging market trends and dynamics in the global microsphere market.

This report entails the detailed quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities.

Exhaustive analysis of the global microsphere market by type helps in understanding the types of microsphere that are currently being used along with the variants that would gain prominence in the future.

Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.

Comprehensive analysis of all geographic regions are provided that helps in determining the prevailing opportunities in these geographies

Key market players within the microsphere market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of global microsphere market.

MICROSPHERES MARKET KEY SEGMENTS:

Market by Raw Material

Glass

Ceramic

Fly ash

Polymer

Metallic

Market by Type

Hollow

Solid

Market by Application

Construction & composites

Medical technology

Cosmetics & personal care

Automotive

Oil & gas

Others

Market by Geography

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

LAMEA

Brazil

Turkey

Africa

Rest of LAMEA

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